Ida moves to New York from Poland and wants to live in an apartment. However, she does not have sufficient money to buy one. Her colleague Henry said Ida can live in his old apartment for a year, if she pays him $25,000
This contract would be considered a(n) ________.
A) lease
B) mortgage
C) installment
D) easement
A
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At year-end, Schultz Inc. has cash of $11,600, current accounts receivable of $48,900, merchandise inventory of $37,900, and prepaid expenses totaling $5,100. Liabilities of $55,900 must be paid next year. Assume accounts receivable had a beginning balance of $67,400 and net credit sales for the current year totaled $807,800. How many days did it take Schultz to collect its average level of receivables?
A. 49 B. 35 C. 29 D. 26
The purpose of the interest section of a persuasive message is to
A) capture attention. B) prompt the audience to imagine how the solution might benefit them. C) increase the audience's desire to take the action recommended in the message. D) get the reader to act immediately. E) make acting on the requested action easy.